USD/INR remains stable near 86.5600 as RBI intervention limits volatility, with traders watching 86.6000 resistance and a slow upward trend in February.
Who said technical analysis forecasts should be complicated or overwhelming?.
Our monthly Forex technical analysis forecasts are written by pro traders and experienced market analysts to ensure that you are well equipped in the Forex trading niche
The best part is that our technical analysis caters to all traders, irrespective of the skill level. You can rest assured that our Forex articles are written in the simplest of ways, breaking down complex concepts for your convenience.
Most Recent
EUR/USD remains range-bound near 1.04100, with traders watching the ECB’s expected rate cut and U.S. economic data for potential shifts in sentiment.
The U.S. dollar rallies against the Mexican peso in January 2025, driven by Trump policies, rate hikes, and key technical levels like 20 MXN support.
Top Regulated Brokers
WTI Crude Oil remains range-bound near $65, with potential for a bullish breakout in January 2025 driven by U.S. economic data and rising energy demand.
The USD/ZAR appears set to begin the New Year within the higher part of its monthly price range, this as global financial institutions continue to exhibit nervousness and USD centric power is seen.
The USD/INR produced price velocity higher in December which took many by surprise, but the bullish move in the currency pair is actually correlating to the broad Forex market well.
The EUR/USD stabilizes near 1.04120 with speculative equilibrium emerging, as cautious sentiment and upcoming U.S. job data influence January 2025 Forex dynamics.
The month of January for gold could be very important. This is because we have seen such bullish momentum in this market for so long, that it now becomes a question as to whether or not we can continue the momentum, or if we need to settle into some type of range.
The NASDAQ 100 has been somewhat lackluster during the month of December, which is a bit shocking considering that one of the most widely followed premises in the stock market is the so-called “tentacles rally.”
Bonuses & Promotions
During the month of November, we have seen more of the same in the West Texas Intermediate Crude Oil market, a lot of sideways action.
The US dollar has been positive against the Mexican peso for most of the month of November, and as I write this article.
The month of November has been positive for the S&P 500 again, and as we head into December, this is one of the more interesting times of the year.
The NASDAQ 100 has been pretty noisy during the month of November, but ultimately it looks like we are closing out with a bit of again.
During the month of November, we have seen the gold market plunge a couple of times, but quite frankly it continues to find plenty of buyers.
The USD/ZAR has correlated to global Forex and seen its value demonstrate a rather robust bullish trend in the wake and aftermath of the U.S election which saw Donald Trump crowned as winner.